FOR SALE

12-07 40TH

Queens, Long Island City, New York City, NY

Asking

$1,399,000

BTC

12.583

ETH

528.54

Beds
5
Baths
5
Home Size
2,736 sq. ft.
Year Built
1901

Prime Investment Opportunity in Long Island City. 12-07 40th Ave, is a multi-family property offering a blend of residential and commercial spaces in the Long Island City neighborhood. For cash flow or redevelopment.

Property Overview:

Building Size: 25 38

Lot Size: 25 100

Total of three Apartments (as currently configured potential to make 4)

Ground FloorCommercial Space/office

Large Private Garden

Updated Kitchens and Bathrooms (needs to be finished but looking good)

A spacious and versatile area on the ground floor - for various business ventures ie. restaurant, retail, cosmetologists etc (must change c of o)

Located in an up-and-coming neighborhood that's on the path of progress.

Long Island City is a dynamic neighborhood with easy access to Manhattan.

This property presents a unique opportunity for investors seeking both residential and commercial income streams. Could also be considered for complete redevelopment opportunity into multiple apartments. Contact us today to schedule a viewing of this property.

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Location

Market Area
Queens
Neighborhood
Long Island City

Agent

Joshua R Sloyer

+1 310 910 1722

Contact Email

[email protected]